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On the Day Harry Was Born, His Parents Put $1000

Question 16

Multiple Choice

On the day Harry was born, his parents put $1000 into an investment account that promises to pay a fixed interest rate of 4 percent per year. How much money will Harry have in this account when he turns 18?


A) $4,806
B) $1,720
C) $2,026
D) $2,804

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